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English news

09-Jun-2019

Parliament Planning and Budget Committee reviews draft law on capital gains tax

The Parliament’s Planning and Budget Committee plans to discuss the Income Tax Law draft, which encompasses proposed amendments to unify the capital gains tax at 10% to all listed and unlisted companies in the stock exchange. The current state sees unlisted companies paying a 22.5% capital gains tax, whereas investors in listed companies pay a 10% capital gains tax. 

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